Reports » China

China stock market report by ChinaStockAdvice.com (June 11, 2009)

Macro-economic Policy
 
Costal Regions of Jiansu Province to Become Significant Growth Pole of Eastern China
 
CVRD Reached an Agreement of 28.2% Iron Ore Price Cut with Iron & Steel Factories of Japan and Korea
 

Domestic Market
 
Opinion on New Share Issuance Takes into Effect from Today

Share Issuance Auditing Department Set up; GEM to Put into Operation around National Day
 

Overseas Market
 
Overview: National Bond Yield Ascended; American Stock Market Closed Low
 
Oil Price Rose above USD71 as of Closing, Hitting New High of Recent Seven Months
 
Fiat Completed Assets Acquisition of Chrysler
 

Companies & Industries
 
- Poly Real Estate Group (600048): Clarification on Association with the Chen Shaoji Case

- New Energy Base Set up in Beijing; Baoding Tianwei Baobian Electric (600550) and Sinoma Science & Technology (002080) Being Beneficiaries

- Shenzhen Airport (000089): Business Volume Sustained Rapid Growth in May 2009 Lingyun Industrial (600480): 1.92% Equity Reduced by Shenzhen Sunlong Communication Co., Ltd via Block Trade 

Transportation & Building Material Industry

- Shenzhen Airport (000089): Business Volume Sustained Rapid Growth in May 2009
- Differentiation Exists in Restructuring of China Eastern Airlines (600115) and Shanghai Airlines (600591), with Equity Holding Proportion as Main Focus  
- Global Indent of New Ships Broke through 500 
- Teekay Predicted Oil Tanker Market to Recover in 2010 
- Goldman Sachs Held Anticipation of Asia-pacific Shipment Market Supply Being Over-pessimistic  

Machinery & Metal Industry
- China-Kinwa High Technology (600110): Its Subsidy Acquired 100% Equity of Beijing Chuangya Power Batteries Co., Ltd 
- Huludao Zinc Industry (000751): On Clarification of Assets Injection Expectation of Parent 
- DongGuan Fangda Renew Reso Indu (600656): Company Supervisor Resigned
- SGSB Group (600843): 14.44% of Total Equity Became Tradable
- Zhejiang Tianma Bearing (002122): Two Holding Subsidiaries Completed Combination  
- Guangdong Greatoo Molds (002031): Application for Special Fund for National Industrial Revival & Technical Upgrade Received Reply 
- New Energy Base Set up in Beijing; Baoding Tianwei Baobian Electric (600550) and Sinoma Science & Technology (002080) Being Beneficiaries 
- Lingyun Industrial (600480): 1.92% Equity Reduced by Shenzhen Sunlong Communication Co., Ltd via Block Trade

IT Industry
- Global Mobile Phone Payment to Reach USD600bn by 2013

- Huawei: Being Open to Cooperate with Indian ITI

- Apple Released New Generation of iPhone Mobile Phone

- Guoguang Electric (002045): Profitability Boosted as Export Rebate Rate of Main Products Increased from 14% to 17%

- TCL Corporation (000100): LCD TV Sales Volume Saw Year-on-year Growth of 92% in May 2009

Consumer Goods Industry
- China Meheco Corporation (600056): 51.10% of Total Equity Got Released Recently; Full Circulation Achieved

- Shenzhen Jinjia Color Printing Group (002191): Continued to Supplement Liquidity with Partial Idle Raising Fund

- Ningxia Zhongyin Cashmere (000982): Plan of Assets Purchase through Non-public Issuance Not Passed by CSRC